Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$945,666	$945,666	$2,565,000
Remaining term (yrs)	24.6	24.6	30.0
Secondary amount	$0	$1,619,334	$0
Funding fee	$0	$0	$0
Note rate	2.850%	2.850%	7.400%
Blended rate	3.700%	6.257%	7.640%
1st payment	$4,441.61	$4,441.61	$17,759.54
2nd payment	$0.00	$10,458.20	$0.00
Taxes / mo	$1,300.33	$1,300.33	$1,300.33
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$760.75	$760.75	$513.00
HOA / mo	$228.33	$228.33	$228.33
Total monthly	$6,947.69	$17,405.88	$20,017.87
Cash to close	$1,904,334	$285,000	$285,000